BoI to draft new investment policy

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The Board of Investment (BoI) is in the process of formulating a fresh policy for investment in Sri Lanka which is expected to be completed next month, BoI Chairman, Upul Jayasuriya said recently.

According to Jayasuriya, the policy would identify the sectors that needed to be promoted in Sri Lanka while also focusing on new ventures that could attract foreign investments to the country. “We are now in the process of drafting the policy and it would be completed in the next three to four weeks,” Jayasuriya said.
The policy comes in the wake of experts calling Sri Lanka to focus on expanding its economy through an investment led growth.

The report would be drafted with the consultation of several experts including senior economist Dr. Indrajit Coomaraswamy and Executive Director, Institute of Policy Studies, Dr. Saman Kelegama.


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